Hormel Foods Sells Whole-Bird Turkey Business to Life-Science Innovations

Reuters

Feb 18

Hormel Foods Sells Whole-Bird Turkey Business to Life-Science Innovations

Hormel Foods is selling its whole-bird turkey business, including the Melrose, Minnesota production facility, Swanville feed mill, and related transportation assets, to Life-Science Innovations (LSI). LSI will also assume supply contracts with dedicated third-party turkey growers and provide co-manufacturing services to Hormel Foods through the end of fiscal 2026. The JENNIE-O® brand and its broader product range will remain with Hormel Foods. The transaction is expected to close by the end of the second quarter of fiscal 2026, pending customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hormel Foods Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602171840PR_NEWS_USPR_____CG90021) on February 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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